NEWS

The Asia Foundation’s Migrant Women Program in China Selected for Moody’s Reshape Tomorrow Initiative

October 25, 2018 — The Asia Foundation today announced its selection on Moody’s Corporation’s inaugural list of partners for Reshape Tomorrow™, an innovative, global program to help owners of small and growing businesses overcome the challenges of expanding their enterprises. The selected Asia Foundation program, “Accelerate Women’s Entrepreneurship: Supporting Migrant Women-Owned Businesses,” is a Shanghai-based program helping migrant women grow their businesses through a tailored training program of coaching and networking.

The Asia Foundation is one of six partner organizations and programs, supported by grants from Moody’s Foundation, that focus on empowering entrepreneurs—especially women and members of untapped communities—by helping to provide the expertise and tools needed to navigate the credit process and thrive. Over 50 organizations from around the world applied to participate in the program, which is a key part of Moody’s global Corporate Social Responsibility (CSR) initiative.

“Moody’s is proud to partner with these innovative organizations as the core of Reshape Tomorrow™. Together, we aim to empower owners of small and growing businesses with the knowledge, resources and confidence they need to create a better future,” said Arlene Isaacs-Lowe, Global Head of CSR at Moody’s. “We believe these programs can make a real impact on the lives of entrepreneurs seeking to build a more prosperous future for themselves and their communities.”

“We are honored to join with Moody’s in accelerating women’s entrepreneurship by supporting migrant women owned businesses in China with an intensive, 2 year program focused on providing them with upgraded skills and resources to grow their businesses—in particular, to access credit and capital—through financial and entrepreneurship education and skills training, networking, and business coaching,” said David D. Arnold, president and CEO of The Asia Foundation.

The Asia Foundation is a nonprofit international development organization committed to improving lives across a dynamic and developing Asia. Informed by six decades of experience and deep local expertise, our work across the region addresses five overarching goals—strengthen governance, empower women, expand economic opportunity, increase environmental resilience, and promote regional cooperation.

Read more about the Foundation’s  work.

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